The Cyprus economy witnessed a sharp slowdown in the first quarter of 2006, according to the latest figures released by the Statistical Service, with pessimists questioning whether the economy can reach even 3% growth this year, let alone the government’s forecast of 4% on which it based its budget. On a year-on-year, non-seasonally adjusted basis,

The World Trade Center Cyprus and The World Trade Center Mumbai have signed a Memorandum of Understanding (MoU) in order further to strengthen bilateral trade, investment and technological cooperation between the two countries. The MoU was signed during the recent European and Middle East and Africa Regional Meetings of the World Trade Centers Association, which

Investment in the Middle East becoming more attractive to Western banks, but economic reform must remain a priority, Economist Intelligence Unit report finds. A survey by the Economist Intelligence Unit has found increased interest among western financial services firms to develop an institutional presence in the Middle East, but indicates that governments in the region

The CSE Council decided to transfer the titles of Euroinvestment & Finance Pcl (EURO) and Phinikas Ammochostou Investments Pcl (FIA) from the Alternative Market and the Investment Companies Market respectively to the Special Trading Category, because of their inability to satisfy the CSE’s rules on maintaining an adequate level of public ownership. The trading of